Minolta Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/05/2026 ,inter alia, to consider and approve This is to inform you that ....
Awaiting price reaction for this filing.
Minolta Finance Ltd has informed exchanges that its Board meeting is scheduled for May 26, 2026. The agenda includes approval of the audited financial statements for FY ended March 31, 2026, which will be declared after this meeting. The board will also consider a proposed Rights Issue covering pricing, terms, rights entitlement ratio, record date, and finalisation of offer documents. Additionally, the board will evaluate the acquisition of Anupam Stock Broking Private Limited (subject to due diligence and shareholder approval at the AGM), appoint Ms. Forum Jigar Gada as Managing Director, and reappoint M/s TRS & CO as Internal Auditor. The trading window for insiders is closed until 48 hours after the results are declared.
The Rights Issue, if approved, will dilute existing shareholders but could bring in fresh capital. The acquisition of Anupam Stock Broking and the new Managing Director appointment signal strategic expansion. Investors should note the ongoing trading window closure for insiders until results are published.